The Minister of Economy had no role in the abstraction of the Persian Gulf Holding Forum
The Minister of Economy, Ali Madinizadeh, had no role in the abstraction and no recommendation for or against the decision of the representative of the Equity Shares.
The war against Iran reduced oil supply by more than a billion barrels, but oil prices do not reflect the real shortage.
According to Energy Press, while the global price of oil in futures trading has been on a downward trend and news of ceasefire negotiations is cited as the main factor behind this decline, statistics indicate a deep gap between the paper and physical markets. Experts warn that the physical oil market is transmitting signs of
Will Iran’s oil exports soar or will it be blockaded?
There are two scenarios for Iran's oil export outlook: exports of 2.5 million barrels of oil per day if the understanding returns, and exports of less than one million barrels of oil per day if American forces are redeployed in the Persian Gulf and the Sea of Oman and a naval blockade is imposed.
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Oil Ministry’s report to the parliament / From facility reconstruction to record-breaking gas production
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Chinese refineries increase Iranian oil imports / Shandong reserves drop to lowest level
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The mystery of the $300 million investment in the Azadegan oil field / Development Fund: Rial financing neutralized the foreign exchange loss
آخرین اخبار
Oil Minister: 95 million cubic meters of gas to return by September / Refinery reconstruction accelerated
The Minister of Oil said: Following damage to part of the gas processing facility in Assaluyeh, about 95 million cubic meters per day of lost gas production capacity will be restored by the end of September.
85% progress on South Pars overhaul / Completion of monitoring of 17 platforms with 58,000 man-hours of work without accidents
The Director of Production and Operations of Pars Oil and Gas Company, referring to the 85 percent progress of the overall overhaul program for 1405, announced the completion of monitoring and troubleshooting operations on 17 South Pars gas platforms, with 58,000 man-hours of work performed without an incident.
What was the reason for the power outage at Damavand Petrochemical?
The CEO of Tavanir Company announced: The Damavand Petrochemical Company's power outage on August 8 was carried out after the complex's consumption exceeded its authorized capacity and the automatic operation of network protection equipment, with the aim of preventing instability and wider blackouts in the region.
Oil Ministry’s report to the parliament / From facility reconstruction to record-breaking gas production
The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly announced the report of the Minister of Oil on the latest status of oil and gas production, reconstruction of damaged facilities, production management in war conditions, and operational and export restrictions and gas storage at the meeting of the commission.
Chinese refineries increase Iranian oil imports / Shandong reserves drop to lowest level
China's independent refiners are likely to buy more Iranian crude this month as oil inventories in Shandong, where the refineries are located, fell to their lowest level this year after the biggest monthly decline in a decade.
2,450 MW of new power plant capacity coming into operation
Referring to the significant achievements of the electricity industry this summer, the Deputy Minister of Energy announced the arrival of 2,450 megawatts of new power plant capacity and the increase in the capacity of solar power plants to about 5,800 megawatts, and said: "Consumption management should not be considered a temporary measure and its continuation is essential to maintain the stability of the network."
Chairman of the Parliament’s Energy Commission: Industrial modernization should accelerate to reduce energy imbalance
The head of the Energy Commission of the Islamic Consultative Assembly, stating that one of the main areas of the commission's follow-up is the issue of increasing energy efficiency in industrial units, said: "Today, a significant part of industries operate with old and energy-intensive equipment, therefore, the Ministry of Energy is expected to advance the programs for modernizing production lines and upgrading technology more quickly."
Launch of the normal hexane unit at Tehran Refinery; 80% progress in the gasoline unit
The purpose of launching this unit is to produce normal hexane with a purity of 52 or 85 percent, free of aromatics and sulfur, with a capacity of 2,000 barrels per day.
Increase in the country’s gasoline production by 1.5 million liters with the launch of the CCR unit at Tehran Refinery
With the launch of the CCR (gasoline production) unit of the Tehran Refinery, with 80% progress, 22% of the refinery's gasoline capacity will be added and 1.5 million liters will be added to the country's gasoline production capacity. In addition to all the gasoline produced, the refinery will be upgraded to the Euro 5 standard.
Construction of 3D and 4D geomechanical models of South Pars put on the agenda
The head of the oil and gas engineering department of Pars Oil and Gas Company announced the implementation of a study plan to build a 3D and 4D geomechanical model in a part of the South Pars gas field and said: "The results of this study will play an effective role in technical decision-making for managing the mechanical behavior of the reservoir, evaluating the effects of reservoir pressure drop on the mechanical behavior of the formation, wellhead and downhole equipment, and also supporting the field's future development and production plans."
